U.S. stocks up on earnings, housing data

U.S. stocks tallied modest gains Thursday after better-than-expected data on the housing front added to cheer that came with an upbeat forecast from Citrix Systems Inc. See full story.

Pending home sales at 23-month high in March

Contract signings to sell existing homes reached a 23-month high in March in an indication of a rebound in activity in the housing market, a trade group reports. See full story.

Home prices to bottom in these 19 markets in 2012

Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a Zillow report released on Wednesday. See full story.

Rates on 30-year mortgage fall to 3.88%

Rates on fixed-rate mortgages average just above record lows this week, according to Freddie Mac’s survey of conforming rates on home loans. See full story.

U.S. jobless claims remain elevated

Applications for U.S. unemployment benefits are at highest level of 2012. Jobless claims total 388,000 in the latest week, the Labor Department says Thursday. See full story.

A few years ago, experts warned Americans against counting on the equity in their home to fund their expenses in retirement. But six years later, some are telling retirees and pre-retirees they should consider many tactics, including reverse mortgages. See full story.

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